Vol. 3, No. 6 — June 2026Independent since 2024

TheCompound Journal

Reporting on incretins, compounding & the peptide supply chain

A monthly journal of record.
30 issues · 32 contributors
Not medical advice. We sell nothing.
0404T H ECOMPOUNDJOURNALVOL. 1 · NO. 4APRIL 2024

Volume 1, Number 4

April 2024

The quiet part of this story is a logistics problem, and it always was.

60 pieces in the issue·110 also filed·30 contributors·138,163 words

Previous
Mar 2024
Volume
I

Editor’s letter

The most consequential decisions in this field are made by people with no access to the documents that would inform them. That is not a complaint about those people. It is a description of an information problem, and an information problem is the only kind of problem a publication is any use against.

In this number, 60 pieces across 8 departments, with 110 further dispatches filed from the newsroom and 30 contributors on the page. We lead with Perpetua Nwachukwu on The evidence on stopping is better than the evidence on almost anything else in this field, because somebody deliberately randomised it and set beside it Wren Kealoha in Analytics. Part 15 of The Purity Question continues on the inside pages.

The economics of this market remain the part everybody argues about with the least data. Our cost-stack series publishes its assumptions precisely so that they can be attacked, and they have been, twice, productively. What survives that process is a defensible statement about magnitude rather than a number, and readers who want a number will have to be disappointed by somebody more confident than us.

Next month: the continuation of two investigations that have each taken longer than planned, for the usual reason — the documents took longer to obtain than the writing took to do.

Contents

60 pieces

Pharmacology

7

Forty-four per cent: reading the nausea figure properly

Trial adverse-event tables count episodes reported to a study nurse. They are the best data we have and they systematically…

Anneke van der Molen
1355 words

Reflux, early satiety, and the volume the stomach will accept

A single drug producing both constipation and diarrhoea looks contradictory until the motility data is read properly.

Delphine Ruzek
1604 words

Non-responders, and the honest state of the evidence about them

Receptor pharmacology is strong on average effects and almost silent on individual variation. That gap is where most reader…

Priya Ramanathan, PharmD
1152 words

A missed dose, modelled: what happens to retatrutide concentrations over the following fortnight

An accumulation model, drawn from published parameters, with its assumptions stated.

Delphine Ruzek
1956 words

A schedule that bends does not break

Every major phase 3 protocol in this class allowed escalation to be delayed for tolerability. Almost no product label explains…

Yuki Morishita
1727 words

GIP was a failed target for thirty years. Then it was not.

A dual agonist is one molecule with two receptor activities. A co-formulation is two molecules in one pen. The coverage treats…

Salomé Adeyemi
1306 words

Why your endoscopist wants to know about your injection

This is the single interaction with ordinary medical care that patients most need to disclose, and it is the one most often not…

Yuki Morishita
1520 words

The Supply Chain

7

Blind duplicates: what happens when a laboratory does not know it is being watched

Duplicate submissions under different names test within-laboratory repeatability, which is a different quantity from…

Noor Haddadin
2110 words

A document, not a test: what a certificate actually is

Nothing on this page is difficult. It is simply unfamiliar, and unfamiliarity is what makes a weak certificate look like a…

Mei-Lin Tsou
2708 words

Retest date, expiry date, and the two conventions being confused

A document is only as good as the chain that connects it to the material, and most chains here are two or three links longer…

Mei-Lin Tsou
2063 words

Four ways a peptide comes apart

We describe each pathway in enough chemical detail to explain why it is invisible to the method the trade uses, because that is…

Ruslan Yevtushenko
1485 words

Why a dead-clean sterile filter can pass pyrogen straight through

Bacterial endotoxin is a heat-stable lipopolysaccharide from the outer membrane of Gram-negative organisms. It survives…

Lucía Berenguer
1633 words

What the sequence tells you about how a peptide will fail

The sequence predicts the failure mode. A methionine predicts oxidation; an asparagine followed by a glycine predicts…

Roshan Devakumar
1794 words

Asparagine, glycine, and the two residues that decide a shelf life

An isoaspartate rearrangement changes the molecule and not the mass. A method that confirms identity by molecular weight alone…

Roshan Devakumar
1702 words

Clinical Trials

8

SURPASS-3 was built to answer the stopping question, and it did

Three randomised withdrawal designs have tested what happens when treatment stops. Their results are consistent and they are…

Jonas Arvelo
1894 words

What the upper limit of normal for ALT should be, and why it is not

Asymptomatic pancreatic enzyme elevation is common on treatment and is not pancreatitis. The distinction is clinical, not…

Marguerite Vasseur
2287 words

Every fortnight, every third week, seasonally: an unstudied practice

What the exposure arithmetic says about a fortnightly schedule, and where the arithmetic stops being informative.

Yuki Morishita
1772 words

What happens when the drug is taken away: three randomised answers

The evidence on stopping is better than the evidence on almost anything else in this field, because somebody deliberately…

Harriet Oduya
1418 words

What STEP 3 measured, and what it was never powered to detect

What was pre-specified, what was exploratory, and what was calculated afterwards by people who did not run the trial.

Anneke van der Molen
1434 words

Thiamine and the vomiting patient

Which markers are informative, which are confounded, and which move for reasons unrelated to nutrition.

Yuki Morishita
1368 words

What the upper limit of normal for ALT should be, and why it is not

Estimated glomerular filtration rate is a calculation with muscle mass in the denominator of its assumptions. In this population…

Marguerite Vasseur
2156 words

Grams per kilogram of what? The denominator problem in protein guidance

The practical difficulty is not knowing the target. It is meeting it on an appetite that has been pharmacologically reduced by…

Harriet Oduya
1803 words

Analytics

9

Manual reintegration is legitimate, and it should be declared

We work through a single chromatogram twice, under two integration conventions, and show where the difference comes from.

Harriet Oduya
2084 words

Six words a verification badge would need to mean anything

A badge asserts that something was tested. It does not assert what, when, on whose sample, by what method, or whether the lot on…

Wren Kealoha
2925 words

What the paperwork is for, and who it was designed to protect

The header identifies the batch, the table records the tests, and the footer says who is answerable. Two of the three are…

Wren Kealoha
1790 words

Freezing a reconstituted vial: the ice-water interface problem

At low concentrations a measurable fraction of peptide can adsorb to glass and plastic surfaces, and the loss is largest exactly…

Roshan Devakumar
2085 words

The number at the bottom of the certificate

A purity percentage is the most quoted figure in the research-peptide trade and one of the least examined. We asked four…

Callum Brathwaite
1476 words

A document, not a test: what a certificate actually is

The purity figure is the least informative line on a well-constructed certificate and the only line most buyers read.

Wren Kealoha
1633 words

How a release document is put together in a regulated plant

Nothing on this page is difficult. It is simply unfamiliar, and unfamiliarity is what makes a weak certificate look like a…

Nikolaj Brandvold
1794 words

Matrix, laser, needle: the plumbing that determines what you see

A brief and unromantic tour of the interface between a liquid sample and a vacuum.

Nikolaj Brandvold
3211 words

Same material, different gradients, different answers

The Journal submitted split samples from single lots to three assay services, under names unconnected to this publication, and…

Callum Brathwaite
1895 words

Patient Notes

8

What the placebo arms of the withdrawal trials actually tell us

The evidence on stopping is better than the evidence on almost anything else in this field, because somebody deliberately…

Perpetua Nwachukwu
2885 words

Why people actually stop, in the order they actually stop

Cost is the modal reason for discontinuation in every dataset we have seen, and it is absent from the clinical literature.

Tamsin Okonjo
1403 words

Why "muscle-sparing" is a marketing term and not a measurement

The gap between a defensible recommendation and a confident one is where most of the harm in this subject lives.

Gabriel Ntonga
1835 words

Vitamin D, adiposity, and a volume-of-distribution problem

Micronutrient guidance for this drug class is borrowed almost entirely from post-bariatric surveillance, where the anatomy is…

Priya Ramanathan, PharmD
1423 words

The mechanism behind the mechanism

A single drug producing both constipation and diarrhoea looks contradictory until the motility data is read properly.

Héctor Valmorida
1468 words

Sarcopenia is a diagnosis, not a synonym for losing lean mass

The gap between a defensible recommendation and a confident one is where most of the harm in this subject lives.

Delphine Ruzek
2746 words

The advice is mostly reasonable. The certainty is not earned.

Grading six widely repeated claims against the studies actually behind them.

Héctor Valmorida
1446 words

Side effects, cost, supply, target: four reasons with four trajectories

Why the reason for stopping changes what happens afterwards.

Perpetua Nwachukwu
1386 words

The Ledger

7

We split six vials four ways and posted them

Duplicate submissions under different names test within-laboratory repeatability, which is a different quantity from…

Sunniva Ørstavik
1819 words

The withdrawal trials, read as designs rather than warnings

The evidence on stopping is better than the evidence on almost anything else in this field, because somebody deliberately…

Teodor Lindqvist
1678 words

Same material, different gradients, different answers

Duplicate submissions under different names test within-laboratory repeatability, which is a different quantity from…

Ruslan Yevtushenko
2059 words

The submitted sample: the weakest link in the whole system

Every third-party report in this market describes a sample somebody chose to send. That choice is outside the laboratory’s…

Noor Haddadin
2063 words

Why people actually stop, in the order they actually stop

Real-world persistence figures, with their definitions stated, because the definitions are doing most of the work.

Imogen Thackeray
2461 words

The supply gap as a clinical event

Cost is the modal reason for discontinuation in every dataset we have seen, and it is absent from the clinical literature.

Imogen Thackeray
1449 words

A tested vial is evidence about a vial

Every third-party report in this market describes a sample somebody chose to send. That choice is outside the laboratory’s…

Noor Haddadin
2171 words

Laboratory Notebook

7

Why the customs shed is the least documented step in this trade

Degradation rates rise exponentially with temperature while an arithmetic mean adds linearly. Mean kinetic temperature is the…

Perpetua Nwachukwu
1800 words

What we asked twenty suppliers about stability data

We asked twenty companies three questions about stability data and print every answer, refusal and non-response.

Lucía Berenguer
1615 words

Falling ferritin is not always falling iron

A substantial proportion of the abnormal results generated during rapid weight loss are consequences of the weight loss rather…

Perpetua Nwachukwu
1620 words

Twenty-eight days is a number from somebody else’s product

We set out what is known, what is inferred and what is simply assumed about the fortnight after a vial is opened.

Callum Brathwaite
2316 words

Why the bone question is harder than the muscle question

What the Journal would want measured before treating this as settled in either direction.

Félix Oyarzún
1613 words

The three-times-upper-limit convention, and where it came from

Asymptomatic pancreatic enzyme elevation is common on treatment and is not pancreatitis. The distinction is clinical, not…

Félix Oyarzún
1957 words

Equal area is not equal mass: the response factor problem

Peptide bonds absorb strongly near 214 nm; aromatic side chains absorb near 280 nm. A method reading at 280 is blind to any…

Lucía Berenguer
2028 words

Explainers

7

The isotope pattern tells you the charge, and the charge tells you the mass

A peptide has a monoisotopic mass and an average mass, they differ by several daltons at this molecular size, and a certificate…

Priya Ramanathan, PharmD
1506 words

Residual stomach content on endoscopy: the studies

A drug that delays gastric emptying complicates the assumption behind every fasting instruction in perioperative medicine. The…

Héctor Valmorida
1288 words

The incidence tables, read line by line

Trial adverse-event tables count episodes reported to a study nurse. They are the best data we have and they systematically…

Marguerite Vasseur
1484 words

Dual, triple, co-formulated: a taxonomy the coverage keeps collapsing

Head-to-head data exists for some of these comparisons and not for others. This piece says which.

Salomé Adeyemi
2081 words

The one place the insulin literature and this class agree completely

Repeated injection into the same small area produces lipohypertrophy — thickened, rubbery subcutaneous tissue with blunted and…

Marguerite Vasseur
1562 words

GIP was a failed target for thirty years. Then it was not.

What adding GIP activity does, on the current evidence, and what remains unresolved.

Priya Ramanathan, PharmD
1011 words

Tolerability is the ceiling, and the ceiling is personal

The ceiling varies severalfold between people, and nothing measurable at baseline predicts where it sits.

Priya Ramanathan, PharmD
1711 words

Contributors to this issue

AV

Anneke van der Molen

Senior Writer, Clinical Trials

Anneke van der Molen reads trials for a living and has strong views about the ones people quote without reading. She…

HO

Harriet Oduya

Data Editor

Harriet Oduya builds the Journal’s datasets and checks its arithmetic. She is the reason the Journal reports both the…

RD

Roshan Devakumar

Senior Writer, Manufacturing

Roshan Devakumar covers synthesis and scale: solid-phase versus hybrid routes, coupling reagents, the economics of a…

MT

Mei-Lin Tsou

International Correspondent, East Asia

Mei-Lin Tsou covers manufacturing and trade across East Asia: who is building capacity, who is buying protected amino…

PN

Perpetua Nwachukwu

Contributing Writer, Laboratory Medicine

Perpetua Nwachukwu is a chemical pathologist. She writes the Journal’s bloodwork coverage: what a panel measures, what…

PR

Priya Ramanathan, PharmD

Pharmacy Columnist

Priya Ramanathan is an ambulatory-care pharmacist who has run titration clinics for incretin therapy since 2021 and…

LB

Lucía Berenguer

Cold Chain Correspondent

Lucía Berenguer covers stability and cold chain: lyophilised versus solution, mean kinetic temperature, what actually…

Sunniva Ørstavik

International Correspondent, Europe

Sunniva Ørstavik covers European reimbursement: which countries pay, at what price, under what restriction, and how…

NH

Noor Haddadin

Supply Chain Editor

Noor Haddadin traces peptides backwards: from the vial to the packager, the packager to the synthesis house, the…

NB

Nikolaj Brandvold

Contributing Writer, Sterility

Nikolaj Brandvold spent eight years in a sterile-products quality-control laboratory. He covers bioburden, endotoxin,…

TL

Teodor Lindqvist

Regulatory Reporter

Teodor Lindqvist covers the regulatory picture: compounding law, shortage declarations, import enforcement, the…

TO

Tamsin Okonjo

Staff Writer, Letters

Tamsin Okonjo edits the letters column. Roughly a thousand readers write to the Journal each month; she reads all of…

Also filed

the rolling newsroom, April 2024